Illinois · NCCI / state rating bureau

Knit Goods Mfg. (N.O.C.) workers comp rate in Illinois

The filed workers comp rate for class code 2362 (Knit Goods Mfg. (N.O.C.)) in Illinois is $2.62 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $13,075 in base premium.

Rate per $100 $2.62
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 86%
Confidence HIGH

FAQ

What is the workers comp rate for code 2362 in Illinois?

The filed workers comp loss cost / rate for NCCI class code 2362 (Knit Goods Mfg. (N.O.C.)) in Illinois is $2.62 per $100 of payroll, effective 2026-01-01.

How much would I pay in Illinois for code 2362 on $500,000 of payroll?

At $2.62 per $100, $500,000 of payroll yields a base premium of $13,075 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 2362?

UT has the cheapest filed rate for code 2362 ($0.480) and CA the highest ($12.18). Illinois sits at the 86th percentile across 21 peer states.